Enlightenment Capital backs MicroPact

MicroPact has received funding from Enlightenment Capital. No financial terms were disclosed. Based in Herndon, Virginia, MicroPact is a provider of case management and business process management solutions.

PRESS RELEASE

Chevy Chase, MD – April 7, 2014: Enlightenment Capital, an aerospace, defense, and government-focused investment firm based in the Washington, DC area, announced that it has made a strategic investment in MicroPact, Inc., a leading developer of dynamic case management and business process management (“BPM”) software solutions for federal and commercial customers. In addition to the investment, Enlightenment will serve as a strategic partner for the business going forward. Financial terms of the transaction were not disclosed.
Based in Herndon, VA, MicroPact specializes in the development of case management and BPM software solutions that increase organizational efficiency and improve outcomes by accelerating access to critical data and facilitating collaborative decision making in a wide range of business processes, including those related to compliance with civil rights and workers’ compensation laws, tracking of legal cases and law enforcement investigations, labor and employee relations, personnel security, and a variety of other areas.
MicroPact’s software is currently used by 97% of federal agencies that have more than 500 employees and a growing list of Fortune 500 and international companies. The company has recorded a compound annual growth rate of 33% over the last five years as it continues to expand its reach into federal, state and local government as well as commercial and international markets.
“We are thrilled to partner with CEO Kris Collo and his team, as they have done an incredible job building an enterprise software business with deep customer relationships and a consistent track record of growth and innovation,” said Devin Talbott, Managing Partner of Enlightenment Capital. “MicroPact’s case management platform provides an excellent foundation for long-term growth given the increasing demand for technological tools that enhance government efficiency and reduce costs.”
“We are enthusiastic about the growth opportunities that lie ahead for MicroPact. We look forward to supporting the team as it continues to build on its leading position in the federal sector and capitalizes on opportunities in adjacent markets by delivering best-in-class case management and BPM software,” added Pierre Chao, Managing Partner of Enlightenment Capital.
“Enlightenment is an ideal partner for our company as we continue to execute on our growth strategy. They bring sector expertise and multiple levers of strategic support to the business at a critical time for our team and our industry,” said Kris Collo, CEO and Founder of MicroPact.
About MicroPact
MicroPact’s entellitrak® takes a Data-First™ approach to dynamic case management and business process management and is available with fully integrated document management, natural language analytics, and mobile modules. Whether based on-premises or in the cloud, entellitrak can be implemented immediately and configured continuously, enabling customers to get to work quickly while keeping costs low. More than 200 federal agencies and organizations, as well as Fortune 500 companies, entrust their critical operations to entellitrak. For more information, visit www.entellitrak.com.
About Enlightenment Capital
Enlightenment Capital, a Washington, DC-area based private investment firm, provides senior debt, mezzanine debt, and minority equity to small and mid-sized companies in the Aerospace, Defense & Government (ADG) sector. The firm partners with management teams, equity sponsors, and those businesses that provide vital services, protect critical infrastructure, innovate aerospace solutions, safeguard national security, and endeavor to meet the challenges of today and tomorrow. For more information, visit www.enlightencap.com.

Get your FREE trial or subscribe now to Buyouts to find new deal opportunities, super-charge your fundraising efforts and track top managers.

Sign up to our Newsletter

Receive updates from our PE HUB Wire and Top Stories of the Week newsletters:

First Name:

Last Name:

Email Address:

US Edition (daily)

Canada Edition (weekly)

We will not send you spam, and we don't share your email address with 3rd parties.

You are now subscribed to the PEHub Wire and Top Stories of the Week newsletters.

Buyouts Insider/Argosy Group LLC produces several free newsletters that are sent directly to the email you provide at registration (namely, PE Hub Wire, PE Hub Canada Wire, PE Hub Wire Top Story of the Week, Buyouts Daily, and VCJ Alert). To enable us to keep providing these services free of charge, we reserve the right to contact you with special invitations to sample or purchase private equity-related products.

By submitting this free subscription request for any of these products, you are also consenting to this communication. Should you ever wish to unsubscribe from a particular communication you may activate the unsubscribe mechanism at the bottom of the email. This will discontinue both the special invitations mentioned previously, as well as your subscription to the weekly newsletter. The information you provide will be safeguarded by Argosy Group LLC/Buyouts Insider. The company’s subsidiaries may use it to keep you informed of relevant products and services. We occasionally allow reputable companies outside of the company to mail details of products which may be of interest to you. As an international group, we may transfer your data on a global basis for the purposes indicated above.

WE WILL NEVER SHARE YOUR EMAIL OR CONTACT DETAILS WITH ANY OUTSIDE COMPANY HOWEVER.

Should you have any questions please do not hesitate to contact us: [email protected].